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Tax Break Tracker Individual Entry

Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.

Effected JurisdictionCity of Bellevue
Jurisdiction type: Municipality
Fiscal year ending In2022
Program nameCurrent Use
Program purpose: Conservation of farmland, forest, open space, or water
Statutory authority: RCW 84.33.130 and RCW 84.34.010
Abating jurisdiction(s): King County, Washington
Applicable taxesReal Property Tax
Method of abatement: Reduction in assessed value
Provisions for recapture: When the land no longer meets the program requirements, landowners will be liable for abated taxes, interest, and penalties.
Gross revenue loss: $28,000
Reimbursement / offset: $0
Net revenue loss: $28,000
Type of loss: Passive
Additional notes on dislosure(none)
Document sourcehttps://bellevuewa.gov/sites/default/files/media/pdf_document/2023/City%...